Form 6-K 500.com Ltd For: Nov 20

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Go back to Form 6-K 500.com Ltd For: Nov 20

500.com Ltd. (WBAI) Tops Q3 EPS by 3c

November 20, 2014 7:15 AM EST

500.com Ltd. (NYSE: WBAI) reported Q3 EPS of $0.36, $0.03 better than the analyst estimate of $0.33. Revenue for the quarter came in at $30.6 million versus the consensus estimate of $29.7 million.

"I am pleased to report another solid quarter of growth as our business continues to gain momentum," commented Mr. Man San Law, Founder, Chairman and Chief Executive Officer of 500.com. "Total purchase amount reached a new record high of US$365.7 million, a 205.1% increase from the same period last year. We are seeing a very real and rapid shift towards mobile as mobile traffic... More